What are some of the common tax slips and forms for self-employed workers?
Some of the common self-employment tax forms include:
- T1 General Income Tax and Benefit Return: Main form for reporting income, deductions, and credits.
- Form T2125 (Statement of Business or Professional Activities): Reports self-employment income and expenses.
- Form T4A: Reports certain types of self-employment income.
- Form T2121: For commercial fishing income and expenses.
- Form T2091: Designates home for business use.
- GST/HST Returns: Reports sales and remits taxes.
- Payroll Forms (if applicable): Reports employee income and deductions.
Still need help? Contact us